PENSION-RETIREMENT. 25.1 The defined benefit pension shall remain as is through December 31, 2009. Effective December 31, 2009 the pension benefit shall be frozen both salary and service. For future benefit accruals accumulated after January 1, 2010, the pension plan will be amended as follows.
PENSION-RETIREMENT. 1. The provisions of The Buffalo News Editorial Pension Plan (the “Pension Plan”) will apply to all full-time and part-time employees of The Buffalo News covered by this contract who are eligible in accordance with the terms of such Plan. All disputes regarding the Pension Plan will be subject to the grievance and arbitration provisions of this contract.
PENSION-RETIREMENT. A. All members of the bargaining unit are required to participate in the Ohio Public Employees Retire- ment System (OPERS) or the Alternative Retirement Plan (ARP), if eligible, subject to the rules and regulations of those systems. Retirement rights and benefits are solely determined by State statute and by the OPERS rules and regulations and/or by the rules and regulations of any other state retirement system in which the employee may have participated.
PENSION-RETIREMENT. 22.1 All employees covered by this Agreement shall participate in the Public Employees Retirement System of the State of Nevada in accordance with the rules of that system.
PENSION-RETIREMENT. (Except Colonial Markets) Employer shall contribute no less than the sum of twelve and one-half (12% tf) cents per hour up to a maximum of forty (40) straight time hours per week for each hour worked by each full time employee to the Baltimore FELRA and Retail Clerks Pen sion Fund. The hourly contribution by the Employer for new employees will commence with the first full payroll week follow ing the completion of xxxxx (30) days of continuous full time employment with the Employer, retroactive to the date of em ployment. Effective July 1, 1970 the contribution will be increased to 15c* an hour.
PENSION-RETIREMENT. SECTION 1. The Township and all employees shall continue to participate in the New Jersey Pension Plan (“P.E.R.S.”) as provided by New Jersey State statutes. Enrolled employees will pay the employee portion of P.E.R.S. through the regular payroll deductions.
PENSION-RETIREMENT. 25.1 Effective December 31, 2021, employees who presently participate in the Medical Center’s Defined Benefit Plan (the “Plan”) and who are covered by this Agreement shall: (i) transition to full participation in the Medical Center’s 401(k) plan, including employer contribution and matching components without losing currently vested benefits; (ii) cease earning benefits in the Plan and (iii) the accrual of additional years of benefit service, and benefits under the Plan will be frozen, as of December 31, 2021. Such employees will continue to be credited with service for vesting purposes under the Plan, if not already vested. Any salary increases after December 31, 2021 shall not be included in the benefit calculations under the Plan. All participants in the Defined Benefit Plan ages 50 or older and with 10 or more years of service as of December 31, 2021 will receive an additional 3% of pay “Transition Credit” into the Medical Center’s Defined Contribution Plan in the 2022 and 2023 Plan years.
PENSION-RETIREMENT. A. Effective January 22, 1967, and for the life of this Agreement, Employer shall contribute no less than the sum of five (54) per hour up to a maximum of forty (40) straight Thereafter 3.025 121.00 3.25 130.00 The Company agrees to establish the above three clasifications in those markets where in sole opinion o f Company the needs of the market require such employees. A department head is any employee held responsible by the Company for the proper operation of a specified department. Full Time Clerk* 83.50 2.275 91.00 86.50 2.35 94.00 93.50 2.525 101.00 103.50 2.775 111.00 112.50 3.00 120.00 2.15 2.25 2.45 2.725 2.975 First 6 m onths 2.0875 Second 6 m onths 2.1625 time hours per week for each hour worked by each full time Third 6 m onths 2.3375 employee to the Baltimore FELRA and Retail Clerks Pension Fund. The hourly contribution by the Employer for new em ployees will commence with the first full payroll week following the completion of thirty (30) days of continuous full time em ployment with the Employer, retroactive to the date o f em Fourth 6 m onths 2.5875 Thereafter 2.8125 Part Time Clerk* First 6 m onths 1.9625 ployment.
PENSION-RETIREMENT. A. Effective January 22, 1967, and for the life of this EXHIBIT “ A ” THE GREAT ATLANTIC & PACIFIC TEA CO., INC. BALTIMORE UNIT WAGES Effective Effective / • 1 /22 /67 4 /21 /6 8 thru thru a N / A 4 /20 /6 8 7 /19 /69 Weekly Rate Weekly Rate 1. Assistant Mgrs: _ $139.00 $148.00 Produce Mgrs: 134.00 143.00 Head Cashiers and Coffee Dairy Heads: 1st 6 mos. $ 92.00 $101.00 2nd 6 mos. 95.00 104.00 3rd 6 mos. _ _ - 102.00 111.00 4th 6 mos. 112.00 121.00 Thereafter ................ 121.00 130.00
PENSION-RETIREMENT. A. Effective January 26, 1964, and for the life of this Agreement, Employer shall contribute the sum of five (5<f) cents per hour up to a maximum of forty (40) straight times hours per week for each hour worked by each full time employ ee to the
